European Commission targets Russian oil exports with maritime service ban in latest sanctions
The EU proposed a ban on maritime services for Russian oil exports today. This twentieth sanctions package also targets banks to force peace negotiations.
The European Commission has proposed a new sanctions package on February 6, 2026, which includes a full ban on maritime services for oil exports from Russia 
RU. This proposal represents the 20th sanctions package put forward by the European Commission since the invasion of Ukraine 
UA nearly four years ago. The ban is specifically intended to end the use of Western shipping services that currently carry over a third of the oil exported by Russia RU, a move aimed at reducing the oil revenue that helps finance the war in Ukraine UA.
RU. This proposal represents the 20th sanctions package put forward by the European Commission since the invasion of Ukraine UA nearly four years ago. The ban is specifically intended to end the use of Western shipping services that currently carry over a third of the oil exported by Russia RU, a move aimed at reducing the oil revenue that helps finance the war in Ukraine UA.The proposed restrictions would have a direct impact on the shipping fleets of several European Union (EU) member states, particularly maritime nations such as Greece 
GR, Cyprus 
CY, and Malta 
MT. By targeting these services, the European Commission, led by Ursula von der Leyen ursula von der leyen, seeks to disrupt the logistics of the Russian RU oil export sector as it supplies energy to international markets, including India 
IN and China 
CN. This measure follows previous discussions within the G7 and among European Union (EU) member states regarding the replacement of the existing oil price cap with more stringent structural measures.
GR, Cyprus CY, and Malta MT. By targeting these services, the European Commission, led by Ursula von der Leyen ursula von der leyen, seeks to disrupt the logistics of the Russian RU oil export sector as it supplies energy to international markets, including India IN and China CN. This measure follows previous discussions within the G7 and among European Union (EU) member states regarding the replacement of the existing oil price cap with more stringent structural measures.
